UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
World Markets
Amazon intends to open branches in 10 Egyptian governorates
Amazon is currently negotiating with the Egyptian Internal Trade Development Authority to obtain pl... Read more
World Markets
Banque Misr arranges for the largest syndicated loan in its history
Bank of Egypt, the second largest state-owned bank in the country in terms of assets, is in the proc... Read more
World Markets
Oil continues to rise after US inventories fall
Oil continues its big rally after US crude stocks fell again, and investors tracked a broad rally in... Read more
World Markets
The Lucid car beats Tesla
Shares of electric car maker Lucid Group rose after reports that a version of the company's first s... Read more
World Markets
Moderna vaccine quickly loses its effectiveness
Moderna has confirmed that a new analysis of its late-stage clinical trial for its coronavirus vacc... Read more
World Markets
Remittances from Egyptians abroad are witnessing a historic leap
Remittances from Egyptians working abroad jumped to an all-time high by the end of the fiscal year 2... Read more
World Markets
Global debt increases $4.8 trillion in 3 months
The volume of global debt has reached unprecedented levels, despite the decline in the debt-to-GD... Read more
World Markets
Microsoft plans to buy back $60 billion in stock
Microsoft plans to implement a share buyback program of up to $60 billion. According to Arabi... Read more
World Markets
The Chinese buy 338 tons of gold in 6 months
The Chinese are buying gold extensively during the year 2021 after the demand for it declined durin... Read more
World Markets
A consortium of companies requests to acquire 90% of the Egyptian "SODIC"
The Egyptian Financial Supervisory Authority has approved the deposit of the draft compulsory purch... Read more
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